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After you qualify as a CAA

Now that you’re a qualified CAA, you have the opportunity to join one of the associations that are a part of CAA Global

You can opt to join the Institute and Faculty of Actuaries (IFoA), based in the United Kingdom or the SOA Center for Certified Actuarial Analysts, a subsidiary of the Society of Actuaries (SOA), based in the United States.

CAA Pathway

Once you’ve qualified as a Certified Actuarial Analyst, are there routes to the IFoA Associate and Fellowship qualifications?

Having qualified as a CAA and gained some valuable work experience, you may wish to consider embarking on an actuarial career by undertaking the professional IFoA examinations through to Associate and Fellow.

The studying you have undertaken will prepare you for the core principle subjects, in particular the Actuarial Statistics (CS) and Actuarial Mathematics (CM) subjects, which we suggest you should attempt first. 

The IFoA has developed a pathway to provide an opportunity to gain some exemptions from these two subjects. This currently involves some additional formal assessments to ensure that material not studied during your CAA has been appropriately covered. If you wish to continue with your professional studies and qualify as an actuary, through the IFoA examination route the following exemptions are available to you:

  • Exemption from CS1 providing you sit a problem based assessment and a short paper (1.5 hrs) covering the gaps in the CAA syllabus
  • Exemption from CM1 providing you sit a problem based assessment and a short paper (1.5hrs) covering the gaps in the CAA syllabus

These pathway assessments will be made available subject to candidate demand.  As we will only run these assessments when there is sufficient candidate demand, please contact the Member Service team for guidance before committing to this study pathway.

Benefits of IFoA membership 

If you decide to join the IFoA you will be eligible for benefits such as:

  • Professional recognition
    You are part of a highly respected profession. Your membership of a globally respected actuarial body will be recognised, wherever you are in the world
     
  • Employability
    Your commitment to life-long learning and development allows you to enjoy a rewarding and successful career
     
  • Community
    You are part of a global community which will support your development and encourage you to share ideas and advice
     
  • Support
    Whether it is our extensive library resources, our exam counselling service, or guidance on ethical and technical enquiries that may arise in your day-to-day actuarial work we will support you no matter what stage of your career you are at
     
  • Research and knowledge
    You have access to a range of high quality focused publications, journals and events. You can contribute to and access original research that advances actuarial science
     
  • Regulation
    As a regulated professional you have credibility as an expert that is internationally recognised
     
  • Promotion and policy development
    You are a member of a Royal Chartered professional body with a remit to act in the public interest. We actively seek opportunities for actuaries to contribute to public policy debates, helping secure a healthy future for the profession

Please view our membership page on gaining Certified Actuarial Analyst membership  to understand how to become a member of the IFoA now that you are qualified.

Contact Details

CAA Administration Team

enquiries@caa-global.org

CAA Global, c/o Institute and Faculty of Actuaries, 1st Floor, Park Central, 40-41 Park End Street, Oxford OX1 1JD

+44 (0) 1865 268 266

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    Online
    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.